2 Bedroom Apartment

Red Hall Avenue, 
Wakefield, 
WF1 2FX
Purchase price
£120,000
  • Size: 59 sqm
  • Tenanted
ATTENTION INVESTORS - IMMACULATELY PRESENTED TURNKEY INVESTMENT WITH HEALTHY YIELD! Well appointed two bedroom, two bathroom apartment in a popular and convenient area of Wakefield.
  • Financial Performance*
Gross rent
£9,900
Ground rent
£370
Service charge
£800
Lettings fees
£948
Net income
£7,782
Gross yield
8.25%
Net yield
6.49%
  • Key Features
  • Tenanted Investment Opportunity
  • Two Bedroom Apartment
  • Two Bathrooms
  • One Reception Room
  • Popular Residential Location
  • Good Transport Links
  • Close By Local Amenities
  • Enquire For Walkthrough Video

yieldit are pleased to offer to the market this beautifully presented two bedroom property offering a strong opportunity for investors looking to add a well located property to their portfolio. The accommodation comprises two bedrooms, two bathrooms and a reception room, providing well proportioned and versatile living space with good potential for the rental market. Its practical layout and location make it well suited to investors seeking a property with both rental income potential and scope for longer term growth.

Red Hall Avenue is situated in a popular area of Wakefield, with convenient access to local amenities, shops, schools and transport links. The property is also well placed for access to Wakefield city centre and the wider West Yorkshire area, making it an appealing location for tenants looking for good connectivity and access to employment and leisure facilities.

Wakefield is experiencing significant regeneration and investment, with the council’s current plans focused on housing growth, economic development and the transformation of the city centre. The £24.1 million Towns Deal is supporting a range of projects designed to attract investment, businesses and residents into the city centre. In 2026, Wakefield Council also announced plans for a major new Cathedral Quarter following its acquisition of The Ridings, with the long term scheme expected to deliver more than 1,000 new homes alongside new leisure, living and events space. This continued regeneration and investment, combined with an established rental market, makes Wakefield an attractive location for investors seeking rental income and longer term capital growth potential.

Please note, this property may fall within an area where a selective licensing scheme applies.

  • Financial Performance *
Gross rent
£9,900
Ground rent
£370
Lettings fees PA
£948
Service charge
£800
Net income
£7,782
Gross yield
8.25%
Net yield
6.49%

Fill in your details below to enquire about property YL-08616
2 Bedroom Apartment

Red Hall Avenue, 
Wakefield
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*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC